Re: SP Turn Around Time - FAQs Been looking to get in since the 6p placing a wile back.Got them today @ 5.75p
Interview on LSE Good interview yesterday and it sounds like exciting times are ahead.Some straight talking on events.Now keep to the plan and do not deviate.$$$$$s are on the horizon. Roll on to Brockham......GLA
6p Placing What a surprise...??Hold tight it was a private placing..This share needs a 'Wealding' job to hold it together.GLA.
Acquires new assets on Weald Despite all the disappointing news recently we now have some good news. Further access to the Kimmeridge.Look forward to developmentsTP
RNS Production to restart with all 4 wells in production soon. Also grid connection to be completed next month to allow electricity generation using gas production to be soldTP
Disappointing day saved by another And still holding all of this but counterbalanced by a good upward move in a recent addition to my portfolio in the name of Westminster Group.It used to be one of my favourites but fell out of favour.A recent RNS has relit the share price bit there is a massive amount of work progressing in the background which not many will realise and which I have provided a resume on and have posted on the WSG bulletin board.Own due diligence
Re: Good news at UKOG Looks like a complete newsletter on here. Thanks for the tip off theprior[link] up time perhapsOwn due diligence
Good news at UKOG See ii bb for UKOG. Looks like theyve a contract with Homer.TP
Re: Update on Voxmarkets last week Starts at 17:55. I find what he has to say extremely encouraging. Of course I wish I'd sold at 35p, but it is how it is. Hopefully if what I heard here is all true - particularly that the shares are so cheap at the current price and do not reflect the value of the company - by January or February things might well have changed, perhaps even dramatically.Maybe it's Christmas 2018 we should all be patiently waiting for, not this Christmas!Love Music
Update on Voxmarkets last week [link] are all disappointed but don't be fooled into letting go of your shares at current prices.
Re: Late RNS Well, yes, you are right to a point, Jon, but there seems to be an absence of good and prudent financial management here. Planning ahead for such contingencies would have led a prudent management to realise they were on a knife edge and preemptive action to be taken. Instead they have allowed a series of, perhaps foreseeable, breakdowns to severely diminish their position.Thats the point I was making.Perhaps not sufficiently clearly.SorryTP
Re: Late RNS Hi ThereI feel you are missing the point.When the share price was in the 20s and 30s the BOD assumed they were going to raise revenue from oil,so no need for a placement.Now they realise the oil revenue is not there at the moment,money is needed to fund further work.GLA
I'll pass for the moment I like ANGS but have to agree that the money should have been raised at a much higher price and with a lot less dilution the prior.40 bopd is also poor and a real major disappointment.I also fear that the next news to come may be bad news from UKOG that will have major Weald basin read across.It is taking an absolute eternity for UKOG to provide news on Flow tests - and that is after previous delays. I do hope they prove me wrong but I think the above goes some way to explaining the daily falls .I may set a cheeky buy order and if its met.Own due diligence
Re: Late RNS If they needed the money why not raise it when the sp was in the high 20s. Trying to raise when the sp has hit a long time low guarantees it will stay low (for a while anyway)Own goal Mr Vonk.TP
Late RNS Angus Energy plc("Angus Energy", the "Group" or the "Company"£3,000,000 Fundraising Angus Energy Plc, a conventional oil and gas production and development company, is pleased to announce it has successfully raised £3,000,000 (gross) by means of a private placement (the "Placing" with institutional and private investors. The PlacingThe Company has raised gross proceeds of £3,000,000 by the issuance of 23,076,924 new ordinary shares of £0.002 each in its share capital (the "Placing Shares" through its broker, Optiva Securities Limited. Highlights:· The Placing raised gross proceeds of £3,000,000 at a price of 13p per Placing Share (the "Placing Price", conditional only on Admission. The Placing Price represents a discount of 14.8% to the closing mid-market price on 22 November 2017.· Additionally, the Company is issuing 769,231 new ordinary shares of £0.002 each in its share capital at the Placing Price to satisfy certain contractors' fees ("Fee Shares". · The Placing Shares and the Fee Shares have been allotted and an application for their admission to trading on AIM ("Admission" has been made with Admission expected to take place on or around 30 November 2017. The Placing Shares and the Fee Shares will rank pari passu with the Company's existing ordinary shares in issue· The number of ordinary shares in issue immediately after Admission will be 264,304,652 giving the Company a market capitalisation of £34.4 million at the Placing Price Use of proceedsThe principle purpose of this offering is to increase capitalization and financial flexibility. Net proceeds from this Placing will:· pay operational and associated costs related to the delay of the drilling of Holmwood-1 exploration well;· fund capital expenditures for the distribution of excess power generated on-site at Brockham with the installation of a connection to the National Grid, as outlined in the Company RNS of 22 September 2017;· assist with funding business development and potential acquisition activities; and· provide further working capital for the Group. Paul Vonk, Managing Director of Angus Energy, commented: "The Company is gratified to have this strong support from existing and new investors. This was a carefully considered process which allows the Company to remain focused on executing our business plan and selectively consider future growth opportunities. Today's capital raise and the initiation of the Company's first revenue stream this month marks another important milestone for Angus Energy." TVRIn addition, in conformity with the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority, the Company announces the following:Following the Placing and the issue of the Fee Shares, the Company's issued share capital will consist of 264,304,652 ordinary shares of £0.002 each ("Ordinary Shares" with voting rights. The Company does not hold any Ordinary Shares in Treasury.Therefore the total number of Ordinary Shares in the Company with voting rights, following Admission, will be 264,304,652.The above figure of 264,304,652 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will, following Admission, determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.END.About Angus Energy plc.Angus Energy plc. is a UK AIM quoted independent onshore oil and gas production and development company focused on leveraging its expertise to advance its portfolio of UK assets as well as acquire, manage and monetise select projects. Angus Energy majority owns and operates conventional oil production fields at Brockham (PL 235) and Lidsey (PL 241) and has a 12.5% interest in the Holmwood li